The guessing about how much party is making is over!!!

[Cubswin]

From egaming review:

"Poker giant Party Gaming has revealed 2004 profits of US$391m and appointed two non-executive directors in a sure sign it is going ahead with a US$10bn listing on the London Stock Exchange this summer."

Im sure they will many stories about this coming out today/tomorrow... will keep you all posted.

cubs

[ismisus]

They out 400 million out of degenerates already? I wonder how many years it will take before everyone goes broke?

p.s. it will happen, games do get tougher every month

[Sintax]

P.S.S.

That was 400 million last year only....

[sublime]

p.s. it will happen

no, it wont

[Vern]

[ QUOTE ]
They out 400 million out of degenerates already? I wonder how many years it will take before everyone goes broke?

p.s. it will happen, games do get tougher every month

[/ QUOTE ]

"There's a sucker born every minute" David Hannum

[krimson]

[ QUOTE ]
They out 400 million out of degenerates already? I wonder how many years it will take before everyone goes broke?

p.s. it will happen, games do get tougher every month

[/ QUOTE ]

That's like saying all of America will eventually go broke because of how much money they spend on fast food. Money circulates.

[Freakin]

[ QUOTE ]
[ QUOTE ]
They out 400 million out of degenerates already? I wonder how many years it will take before everyone goes broke?

p.s. it will happen, games do get tougher every month

[/ QUOTE ]

That's like saying all of America will eventually go broke because of how much money they spend on fast food. Money circulates.

[/ QUOTE ]

Agreed. Look at a single table. if no new players showed up, everyone would go broke.

Freakin

[TheHammer24]

But new players will show up, and those who get busted will leave. You incorrectly presuppose that everyone buys in the internet gambling once, goes broke and quits. This is incorrect.

People, the producers, buy in many times because they play for entertainment value as opposed to making profit. People who go to bars drop 50 dollars a night and come back every weekend. They do it for fun. The money from rake goes to party who spends it where the producers work, who go and deposit back into party to have a little fun.

[Sintax]

Party Poker - A million a day in profit and counting...

[Baulucky]

This is much lower than previous estimates. Isn't it?.